Blue Prism Proves Market Leadership with Record Growth Metrics
16 November 2017 - 1:00AM
Business Wire
Customer adoption triples over prior year,
showcasing demand for the world’s first Operating System for the
Digital Workforce
Closing out its second fiscal year [ending Oct. 31, 2017] since
debuting on the AIM market of the London Stock Exchange in March
2016, Blue Prism has reported record growth in the demand for its
industry-leading Operating System for the Digital Workforce.
Blue Prism closed 609 new software deals in FY2017 (209 first
half and 400 in the second half), which included 324 new enterprise
customers across the United States, Europe, Asia Pacific, Latin
America Australia and New Zealand—a 238 percent increase over
FY2016.
- Customer expansion: New marquee
client names added over the past year include AIG, Alberta Treasury
Bureau, Allstate Insurance, Bechtel, Boeing, DeNA, DTE Energy, Dun
& Bradstreet, Ericsson, Fannie Mae, GIC, Honda Motor Company,
Kaiser Permanente, KBL Bank, Maybank, National Grid, Schroders,
Sony Pictures, United Utilities (UK’s largest listed water company)
and Walgreens. These new customer wins highlight Blue Prism’s broad
appeal across multiple vertical industries including manufacturing,
financial services, insurance, telecom and retail.
- Deal expansion: Once again, Blue
Prism finished the year with all renewals achieved for the fiscal
year. The second half of FY2017 saw a 91 percent increase in deals
as compared to the first half, propelling an unprecedented upward
trajectory in the Robotic Process Automation (RPA) market. 100
percent of Blue Prism’s new business came through partners.
- Geographic and talent expansion:
To serve customers locally, Blue Prism opened three new
offices—Sydney, Tokyo and Bangalore—while more than doubling the
company’s headcount in 2017.
- Ecosystem expansion: Since its
launch in April 2017, multiple industry heavyweights have adopted
the Blue Prism Technology Alliance Partner (TAP) ecosystem and
platform, namely Appian, Avanade, Cyberark, Google, IBM, Microsoft
and others. Blue Prism is the only vendor to have published
reference architectures and proven deployments for Microsoft Azure,
AWS, Google and IBM Cloud to enable instant scale-out capabilities.
The industry’s most sought-after channel partner program continues
to grow with multiple new partners added in Asia Pacific and Latin
America.
- Product expansion & industry
accolades: Named as one of MIT Tech Review’s 50 Smartest
Companies for 2017, as well as being the winner of the 2017 UK Tech
awards. The company also unveiled Version 6 of its RPA platform,
which accelerates access to cutting-edge Artificial Intelligence
(AI), machine learning and cloud capabilities, leveraging the
company’s TAP ecosystem. In addition, Blue Prism continues its
collaboration efforts with Microsoft to provide intelligent
automation solutions, one example of which is in the anti-money
laundering space, to digitally transform financial services.
The company’s customer community came together through Blue
Prism World on Tour in 2017, which gathered more than 2,000
customers, partners and influencers across events in New York,
London, Sydney, Tokyo and San Francisco. Digital Transformation and
RPA successes within Blue Prism’s customer base were judged by a
panel of independent experts from Gartner, Forrester Research, HfS,
McKinsey & Company and the IEEE Working Group on Standards in
Intelligent Process Automation. Award recipients included BNY
Mellon, AMEX, Lighthouse Works, npower, Telefónica O2, HSBC,
Raiffeisen Bank International, Al Rajhi Bank, Shop Direct, Barclays
and the Co-operative Bank.
To continue delivering a consistent brand experience that starts
with a prospect and continues forward throughout the entire
customer lifecycle, Blue Prism is merging two roles. Starting this
month, Shail Khiyara will take on the role of Chief Marketing &
Experience Officer (CMXO) with the worldwide responsibility for
marketing and ownership of the customer experience. The company is
also creating a new role to help educate the market on RPA
successes and evangelizing Blue Prism’s industry defining RPA
technology. As such, Blue Prism is also announcing that Pat Geary,
who invented the term RPA, will drive these efforts as Chief
Evangelist.
“We have stayed focused on delivering an innovative business
model, a true enterprise-grade digital workforce, and a partner
ecosystem unlike any other. We continue to lead the market because
of the trust we’ve built with our partners, customers, and
employees,” said Alastair Bathgate, Blue Prism CEO. “Our values of
professionalism, respect and integrity continue to attract
world-class talent to Blue Prism. Our growth this past year is a
testament to both the developmental work we have done and the hard
work of our dedicated partner network, who help us deliver the
world’s most successful digital workforce.”
About Blue Prism
As the pioneer, innovator and market leader in Robotic Process
Automation (RPA), Blue Prism delivers the world’s most successful
Digital Workforce. The company’s software robots automate
repetitive administrative tasks while meeting the requirements of
the most demanding IT environments, where security, compliance and
scalability are paramount.
Blue Prism provides a scalable and robust execution platform for
best-of-breed AI and cognitive technologies and has emerged as the
trusted and secure RPA platform of choice for the Fortune 500.
Billions of transactions and hundreds of millions of hours of work
are executed on Blue Prism robots from renowned companies including
Aegon, BNY Mellon, Commerzbank, IBM, ING, Maersk, Nokia, Nordea,
Procter & Gamble, Raiffeisen Bank, Siemens, Westpac and Zurich.
As at 31 October 2017, Blue Prism had 187 employees based out of
offices in Newton le Willows and London (UK), Sydney (Australia),
Tokyo (Japan), Bangalore (India), Austin, Miami, Chicago, New York
and San Francisco (US).
For more information about Blue Prism (AIM:PRSM),
visit www.blueprism.com and follow the company
on LinkedIn and Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20171115005484/en/
Blue PrismAndre Fuochi,
469-394-7274andre.fuochi@blueprism.com
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